With the January 2019 Monthly Metals Index (MMI) report, we can close the book on 2018 and what was a wild year in the world of metals and metals price movements. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook It was a book that closed with a pessimistic chapter for […]
Category: Ferrous Metals
This Morning in Metals: China’s December Exports to the U.S. Fall
This morning in metals news, exports from China to the U.S. took a dive in December, India will drive global steel demand in the coming years and Serbia has requested an exemption from the E.U.’s imminent quotas on steel imports. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook December Exports […]
This Morning in Metals: China Looks to Improve Steel Capacity Structure
This morning in metals news, China is eyeing improvements to its steel capacity structure, China’s 2018 aluminum exports surged and Shanghai rebar futures hit a two-month high. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China’s Steel Structure According to Reuters, China is looking to shift the focus of its […]
Europe Embraces Tariff Barriers in Response to Rising Imports
They call it the law of unintended consequences and, broadly speaking, it was intended by the American sociologist Robert K. Merton to mean unintended consequences are outcomes that are not the ones foreseen and intended by a purposeful action — particularly actions of a government. Need buying strategies for steel? Request your two-month free trial […]
Trump, Modi Kick Off New Year Talking Trade
The new year for India started on a positive note where trade with the United States is concerned. On Jan. 7, U.S. President Donald Trump called up his Indian counterpart, Prime Minister Narendra Modi to discuss, among other things, reducing the trade shortfall — a move that seems to have gone down well in Indian […]
Week in Review: Palladium Demand, Falling Metals Prices and the E.U.’s Imminent Vote on Steel Quotas
Before we head into the weekend, let’s take a look back at the week that was and some of the stories here on MetalMiner: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Taras Berezowsky covered China’s crackdown on illegal rare-earth element mining. Demand for palladium could continue to surge in […]
This Morning in Metals: U.S. Steel Mills’ November Shipments Up 5.6% Year Over Year
This morning in metals news, U.S. steel shipments in November surged on a year-over-year basis, the next chief of Nippon Steel and Sumitomo Metals Corp. hopes to make the company the world’s No. 1 producer and U.S.-China trade talks could formally continue later this month. Need buying strategies for steel? Request your two-month free trial […]
This Morning in Metals: U.S., China Conclude Round of Trade Talks This Week
This morning in metals news, trade delegations from the U.S. and China concluded talks this week, the E.U. is expected to impose steel import curbs and copper rises to a one-week high. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S-China Trade Talks The new year has begun with dialogue. […]
Stainless MMI Loses Nearly 8% as LME Nickel, Stainless Surcharges Fall
The Stainless Steel Monthly Metals Index (MMI) dropped five points this month, losing 7.6% and currently standing at a value of 61. The current index sits just above the August 2017 level of 59 points, when LME nickel prices touched support and rebounded. The drop came as a result of lower LME nickel prices and […]
This Morning in Metals: Aluminum Market Distortions, Nucor Plate Mill and Small Business Concerns
This morning in metals, we’re tracking the following stories. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Global aluminum value chain under fire from China. The OECD has released a report titled “Measuring distortions in international markets: the aluminum value chain,” in which the organization places particular emphasis on unfairly subsidized aluminum […]
